GAPS GAP to SolarCoin SLR Exchange

Crypto Pair Details: GAP to SLR

GAPS GAP

Gapcoin is a new prime number based p2p cryptocurrency, which tries to eliminate the sticking points of other scientific currencies like Primecoin or Riecoin. It's a fork of Satoshi Nakamotos Bitcoin, a decentralized payment system which is independent of banks, governments and other centralized regulators. With Gapcoin, you will be able to anonymously send money around the globe in no time. The big improvement in comparison to Bitcoin is that instead of burning electricity for its own sake, Gapcoins Proof of Work function actually does useful work by searching for large prime gaps

SolarCoin SLR

Solarcoin is a Scrypt based alternative digital currency and its innovation comes from the secondary proof of work reward: the Solar Proof of Work. Green solar energy producers are entitled to receive one SLR for every MWh electricity generated. In order to claim a Solar Proof of Work reward, solar plant owners must submit 3rd party verified energy generation certificates such as a Solar Renewable Energy Certificate (SREC) or equivalent country specific documentation. All Solar Proof Of Work rewards will be stored as transactions in the blockchain. The supply of SLR comprises of the following: - The Mining Pool: 105 million Solarcoins (0.1%) to be publicly mined over the next 40 years. All publicly mined Solarcoins represent historically generated and unclaimed solar electricity. - The Generator Pool: 97.5 billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for Solar Proof of Work claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy. - The Genesis Pool: 500 million Solarcoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total Solarcoin in circulation.

SOURCE: COINGECKO

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